$4,395,000

20428 Island Forest Dr Cornelius, NC 28031

4 beds
3 full, 1 partial
5,612 sqft
$783 / sqft
House

Property details

About 20428 Island Forest Dr

Sophisticated buyers will appreciate this award-winning Lake Norman waterfront home, showcasing stunning water views throughout its 5,612 heated sq.ft. of meticulously designed living space! Enjoy a library/billiard room, exercise room with sauna, wine cellar, main-level primary suite, elevator, gourmet kitchen with fossil inlay, media room, and a 3-car garage. Design highlights include a 3rd-floor studio with panoramic views, four fireplaces (indoor & out), and resort-style outdoor living with a kitchen, firepit, balconies, and a covered dock. Smart functionality abounds with an in-ground irrigation system, whole-home automation, blackout shades, blinds that adjust with the sun, tankless water heater, central vacuum, generator, heated primary bathroom floor, Sonos audio with room-by-room controls, and professional landscaping. With 99 ft of pristine lakefront and every detail thoughtfully executed—this turnkey oasis is ready for you to move right in!

Highlights

Home typeSingle Family Residence
HeatingCentral, ENERGY STAR Qualified Equipment, Forced Air, Heat Pump, Natural Gas
StatusActive
CoolingAttic Fan, Ceiling Fan(s), Central Air, Humidity Control, Multi Unit(s), Zoned
Size5,612 sqft
Year built1996
ParkingDriveway, Attached Garage, Garage Door Opener, Garage Faces Side, Garage Shop, Keypad Entry
MLS #4243921
Attached garageYes
WaterfrontBoat Lift, Boat Ramp, Boat Slip, Dock, Pier, Seawall
FireplaceDen, Fire Pit, Gas, Gas Log, Gas Starter, Gas Unvented, Gas Vented, Living Room, Outside, Porch, Recreation Room, Wood Burning
ViewWater

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Appliances: Convection Oven, Dishwasher, Disposal, Down Draft, Gas Cooktop, Gas Range, Gas Water Heater, Indoor Grill, Self Cleaning Oven, Tankless Water Heater
  • Basement: No
  • Flooring Type: Carpet, Stone, Wood
  • Interior: Attic Walk In, Built-in Features, Central Vacuum, Drop Zone, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Sauna, Storage, Walk-In Closet(s), Walk-In Pantry
  • Fireplace: Den, Fire Pit, Gas, Gas Log, Gas Starter, Gas Unvented, Gas Vented, Living Room, Outside, Porch, Recreation Room, Wood Burning
  • Total Bedroom Count: 4
  • Attached Garage: Yes
  • Parking: Driveway, Attached Garage, Garage Door Opener, Garage Faces Side, Garage Shop, Keypad Entry
  • Waterfront: Boat Lift, Boat Ramp, Boat Slip, Dock, Pier, Seawall
  • View: Water
  • Exterior: Fire Pit, Dock, In-Ground Irrigation, Lawn Maintenance, Outdoor Kitchen
  • Heating: Central, ENERGY STAR Qualified Equipment, Forced Air, Heat Pump, Natural Gas
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air, Humidity Control, Multi Unit(s), Zoned
  • List Price: $4,395,000
  • Price/SqFt: $783
  • HOA Amount: $5
  • HOA Frequency: Annually
  • Annual Tax Amount: $13,864
  • Tax Year: 2024
  • Year Built: 1996
  • Living Area: 5,612 SqFt
  • MLS Number: 4243921
  • Office Name: J. Lyn Signature Properties Inc.
  • Office Email: Jennifer.Vandersol@gmail.com

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view of front of property with an attached garage, concrete driveway, and stucco siding

$4,395,000

20428 Island Forest Dr

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Price information

Property sales

DateEventPrice
Jun 22, 2012
Home Sold
$950,000
Oct 04, 1996
Home Sold
$570,000

Tax history

YearAssessmentProperty Tax
2024$2,145,500$13,864
2023$2,163,860$18,369
2022$1,240,500$10,406
2021$1,240,500$10,406
2020$1,134,000$9,546
2018$900,800$9,739

History based on county public records data.

Nearby schools

6

Cornelius Elementary School

Public District KG-5

2.7 mi

21126 Catawba Ave

8

J.V. Washam Elementary School

Public District KG-5

2.9 mi

9611 Westmoreland Rd

9

Grand Oak Elementary School

Public Magnet KG-5

5.0 mi

15410 Stumptown Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $111,310. The majority of Cornelius, NC residents have income $200k+ annually. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

14%
<35k
28%
35k-100k
28%
100k-200k
30%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

29%
Single, No Kids
4%
Single, with Kids
41%
Married, No Kids
26%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
8%
12-17 yrs old
11%
18-34 yrs old
52%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis
  • TennisTennis

Where do the neighbors shop?

  • NordstromNordstrom
  • BloomingdalesBloomingdales
  • Brooks BrothersBrooks Brothers

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • Bonefish GrillBonefish Grill
  • QdobaQdoba

What do the neighbors drive?

  • BMWBMW
  • LexusLexus
  • AcuraAcura

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • NewsNews
  • SportsSports
All data provided by Home Junction and Claritas

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Frequently asked questions

About 20428 Island Forest Dr

The listing price of 20428 Island Forest Dr property is $4,395,000.

The property 20428 Island Forest Dr is a house located in Cornelius, North Carolina, 28031.

Active Listing: 20428 Island Forest Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 20428 Island Forest Dr are: Cornelius Elementary School (GreatSchools Rating 6/10), J.V. Washam Elementary School (GreatSchools Rating 8/10), Grand Oak Elementary School (GreatSchools Rating 9/10), Davidson K-8 School (GreatSchools Rating 9/10), Bailey Middle School (GreatSchools Rating 9/10), Lakeside Charter Academy (GreatSchools Rating 2/10), Community School of Davidson (GreatSchools Rating 7/10), Langtree Charter Academy (GreatSchools Rating 7/10), Pine Lake Preparatory (GreatSchools Rating 10/10).

According to the records, the last property tax for 2024 is $13,864 (source: MLS/based on county public records data).

The last sale was on June 22, 2012 for $950,000 (source: MLS/tax record).

The property at 20428 Island Forest Dr has 4 bedrooms and 3 full and 1 half bathrooms.

The property 20428 Island Forest Dr is 5,612 SqFt (source: MLS/tax record).

The year of construction for 20428 Island Forest Dr is 1996.

This home is located at 20428 Island Forest Dr in Cornelius, NC and zip code 28031 in the Island Forest neighborhood. This 5,612 square foot home was built in 1996. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 11, 2025 and is currently priced at $4,395,000.

In April 2025, from all listings sold in Cornelius, NC there were more than 11 sold above asking price, over 30 sold below and more than 12 were sold right at the asked price. The number of homes for sale in Cornelius, NC increased by 1.7% between March and April 2025. The median list price of listings available in April 2025 was $559,737, while the average time on the real estate market was 36 days.

From Rocket Homes Real Estate and based on county public records data.

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